What is the story about?
What's Happening?
The Tennessee Valley Authority (TVA) and ENTRA1 Energy have announced a collaboration to develop a 6-GW nuclear portfolio using NuScale's small modular reactor (SMR) technology. ENTRA1 Energy will develop and own nuclear assets across TVA's seven-state service region, selling electricity through power purchase agreements. The collaboration aims to meet the growing energy demand from sectors like artificial intelligence and semiconductor manufacturing.
Why It's Important?
This collaboration represents the largest deployment program in U.S. history for SMRs, highlighting the potential of public-private partnerships in decarbonizing energy. The initiative addresses the surging demand for electricity from high-consumption sectors and aims to provide reliable, abundant American energy. The partnership is expected to create jobs and investment across the nation, supporting energy security and reliability.
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